Taylor Morrison Home (TMHC) Operating Expenses (2012 - 2026)
Taylor Morrison Home (TMHC) posted Operating Expenses of $148.8 million for Q1 2026, down 23.52% on a QoQ basis from $194.6 million in Q4 2025, and down 15.73% year-over-year from $176.6 million in Q1 2025.
Analysis
Taylor Morrison Home (TMHC) Operating Expenses (2012 - 2026) Analysis & Trends
Taylor Morrison Home has reported Operating Expenses for 15 years, with the latest figure at $148.8 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 15.73% year-over-year to $148.8 million in Q1 2026; TTM through Mar 2026 was $707.2 million, a 8.98% decrease from a year earlier, with the FY2025 full-year figure at $735.0 million, down 4.61% from the prior year.
- Operating Expenses was $148.8 million for Q1 2026 at Taylor Morrison Home, down from $194.6 million in the prior quarter.
- The five-year high for Operating Expenses was $261.7 million in Q2 2022, with the low at -$106.6 million in Q4 2022.
- Average Operating Expenses over 5 years is $176.3 million, with a median of $183.7 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses sank 118.19% in 2022, then surged 276.57% in 2023.
- Over 5 years, Operating Expenses stood at -$106.6 million in 2022, then soared by 276.57% to $188.2 million in 2023, then advanced by 8.53% to $204.3 million in 2024, then decreased by 4.72% to $194.6 million in 2025, then slipped by 23.52% to $148.8 million in 2026.
- The last three Operating Expenses figures came in at $148.8 million (Q1 2026), $194.6 million (Q4 2025), and $180.7 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.17 Bn | 36.03 Bn | 2.15 Bn | 991.20 Mn |
| 2 | Pultegroup | 21.99 Bn | 20.62 Bn | 1.06 Bn | 382.97 Mn |
| 3 | Lennar | 18.75 Bn | 16.57 Bn | 7.69 Bn | 7.54 Bn |
| 4 | Nvr | 16.44 Bn | 15.35 Bn | 485.14 Mn | 150.72 Mn |
| 5 | Toll Brothers | 12.40 Bn | 11.34 Bn | 625.22 Mn | 266.07 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 148.85 Mn |
| 7 | Meritage Homes | 4.07 Bn | 3.26 Bn | 254.14 Mn | 144.19 Mn |
| 8 | M | 3.57 Bn | 2.83 Bn | 235.50 Mn | 958.69 Mn |
| 9 | Kb Home | 2.95 Bn | 2.88 Bn | 174.03 Mn | 140.55 Mn |
| 10 | Green Brick Partners | 2.91 Bn | 2.78 Bn | 157.52 Mn | 54.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 148.85 Mn |
| Dec 31, 2025 | 194.62 Mn |
| Sep 30, 2025 | 180.70 Mn |
| Jun 30, 2025 | 183.04 Mn |
| Mar 31, 2025 | 176.62 Mn |
| Dec 31, 2024 | 204.26 Mn |
| Sep 30, 2024 | 199.34 Mn |
| Jun 30, 2024 | 196.74 Mn |
| Mar 31, 2024 | 170.16 Mn |
| Dec 31, 2023 | 188.21 Mn |
| Sep 30, 2023 | 167.79 Mn |
| Jun 30, 2023 | 183.68 Mn |
| Mar 31, 2023 | 159.02 Mn |
| Dec 31, 2022 | -106.59 Mn |
| Sep 30, 2022 | 241.74 Mn |
| Jun 30, 2022 | 261.68 Mn |
| Mar 31, 2022 | 246.39 Mn |
| Dec 31, 2021 | 586.05 Mn |
| Sep 30, 2021 | 167.61 Mn |
| Jun 30, 2021 | 167.56 Mn |